Re: Why bitcoin can never go past $7000

Bitcoin's volatility has been steadily decreasing over time, which means huge price movements upwards are less likely than ever. Sorry it's not going to happen. I think 5000-6000 range is the correct or fair price, so selling at the higher end of this range would bring profit at least and then I think alt coins start making more sense at that point

Well now, your post was made just a week ago and you stated that bitcoin will never go past $7000. But look at it now, playin between $7100 and $7300. Crazy huh? So I guess we can never say never. Bitcoin is just goin up up and away! As if its a coin that drastically mutated in just a short time! Haha! Lucky you early ones...the coin is now with you... Wink

This just only proves that any thing can happen to bitcoin.
And now many are taking profit for holding their coins before like HODLing is real! And we can expect more things to unfold before this year end so just hold it tight.

This proves that many never's actually happened with bitcoins, this is one more pessimistic thread and of course what happened is exactly to opposite from what OP stated. Anything can happen with bitcoin price, saying never together with bitcoins in same sentence is not smart. Bitcoin price is at new ath and we can hit 8.000$ very soon, or more bitcoin is running up in past few weeks and just some big stupid and bad news can stop this rise and maybe push it back. On first page in speculation section I see couple threads that point out some hack or big dumping from bitcoin holders that can make some price corrections.